KPMG Expands Its Forensic Service Line With Two Significant Hires

NEW YORK, Jan. 8, 2013 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, has announced expansion of its economic and regulatory capabilities in Forensic Services, adding a pair of notable senior economists capable of providing advice and testimony services to clients.

Dr. Glenn R. George, a leading energy economist and consultant, and Dr. Richard J. Bergin, a leading financial economist, have joined the U.S. audit, tax and advisory firm's Forensic Services as principals in its Dispute Advisory Services network (DAS).

"Richard and Glenn bring nearly half a century of experience providing strategy and analysis to companies in a variety of industries, offering policy perspectives, as well as performing economic, financial and valuation analyses related to regulatory issues," said Richard H. Girgenti, leader of Forensic Services in the U.S. firm. "They will be a tremendous resource for the practice by offering clients deep industry experience in their roles."

Bergin specializes in assisting companies with economic, financial and valuation issues related to disputes, investigations, and regulatory scrutiny of their businesses.  He has provided expert witness testimony in federal and state court, the International Court of Arbitration, the American Arbitration Association, and has directed numerous engagements involving investigations and enforcement activities by the Securities and Exchange Commission, the Commodities Futures Trading Commission, state attorneys general, and the Department of Justice.

His focus has been on securities and financial economics, including credit products, foreign exchange, commodities, interest rate, equity, derivative instruments, collateralized mortgage obligations, and other structured financial products. With 20 years' experience, Bergin, 47, also held positions at FTI, NERA and McKinsey & Co. He will be based in Boston.

Bergin holds a Bachelor of Science degree in chemical engineering from the University of Sydney, and earned Master's and Doctoral degrees in Business Administration from Harvard Business School.

George, 49, will also help expand KPMG's DAS network with new consulting and litigation offerings, serving as an expert testifier and assisting clients with economic issues related to disputes, investigations, litigation and regulatory scrutiny of their businesses. He has experience providing policy and strategy advice in a variety of industries, including government, financial services, natural gas, petroleum, transportation, renewable resources, nuclear technology, utilities and power generation, providing a unique resource to energy-sector clients. He will be based in Philadelphia.

With more than 26 years' experience, George most recently served as a partner at Bates White Economic Consulting, where he led engagements involving the U.S. Departments of Energy, Treasury and Justice, several major utility companies, equipment vendors and trading companies. Prior to that role, George served as vice president in the energy practice at NERA Economic Consulting and co-head of the global energy group at Nomura Securities.

George holds a Bachelor of Science degree in mechanical engineering and a Master of Business Administration degree, both with distinction, from Cornell University. He also earned a Ph.D. in public policy, with a concentration in energy economics, policy and regulation, from Harvard University. He attended the Reactor Engineering School at the U.S. Department of Energy's Bettis Atomic Power Laboratory and is a registered Professional Engineer in the District of Columbia.

About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International.") KPMG International's member firms have 145,000 people, including more than 8,000 partners, in 152 countries.

Contact:
Christine Curtin/Anayo Afolabi
KPMG LLP
201-307-8663/201- 307-8135
[email protected]
[email protected]

SOURCE KPMG LLP